- Latest available (Revised)
- Original (As made)
The Pension Protection Fund and Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2016
You are here:
- 2016 No. 165
- PART 4
- Regulation 8
What Version
Opening Options
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Amendment of regulation 2
This section has no associated Explanatory Memorandum
8.—(1) In regulation 2(1) (interpretation) after the definition of “transferrable rights”(1) insert—
““unfunded public service defined benefits scheme” has the meaning given in section 91(2C) of the 1993 Act(2);”.
(2) In regulation 2(1A)(3) (interpretation) for sub-paragraph (a) substitute—
“(a)a member has an opportunity to transfer flexible benefits where—
(i)the member—
(aa)has transferrable rights in relation to flexible benefits, or
(bb)would have transferrable rights in relation to flexible benefits if the member stopped accruing rights to some or all of the flexible benefits (see sub-paragraph (b)),
and the making of a transfer or transfer payment in respect of the flexible benefits is not prohibited by Article 119(4)(a) of the 2005 Order(4), or
(ii)the member has an opportunity to transfer accrued rights to flexible benefits out of the scheme under the scheme rules;”.
(1)
The definition of “transferrable rights” was inserted by regulation 3(1)(i) of S.R. 2015 No. 154
(2)
1993 c.48; section 91(2C) was inserted by section 71(3) of the Pension Schemes Act 2015 (c. 8)
(3)
Paragraph (1A) was inserted by regulation 3(2) of S.R. 2015 No. 154
Options/Help
Print Options
Print The Whole Rule
Print The Whole Part
Print This Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
Explanatory Memorandum
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Rule and provides information about its policy objective and policy implications. They aim to make the Statutory Rule accessible to readers who are not legally qualified and accompany any Northern Ireland Statutory Rule or Draft Northern Ireland Statutory Rule laid before the UK Parliament during the suspension of the Northern Ireland Assembly.
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as made version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources